Apartment Approvals Decline by 27.4% Amid Housing Target Challenges  

Title

Apartment Approvals Decline by 27.4% Amid Housing Target Challenges

Website

www.propertycouncil.com.au/property-australia/apartment-approvals-tumble-as-federal-government-now-turns-to-delivery-phase

Industry Body

Subject

Amid a 27.4% drop in apartment approvals, Australia faces hurdles in meeting its housing goals. With a need to build over 20,000 homes monthly to reach 1.2 million new homes by 2029, stable policies and industry collaboration are crucial. The Property Council urges consistent increases in approvals and a shift towards the delivery phase post-election.

Publishing date

07 June 25